Siemens wins $967m contract to equip Saudi gasification power plant

Siemens AG recently won a $966.8 million contract to provide equipment for a power station in Saudi Arabia that is slated for operation by 2016. The contract covers 15 generators, 10 combustion gas turbines, 10 heat recovery steam generators and five steam turbines for the facility that would supply electricity to the Jazan Economic City, Siemens said.  The order is said to be the largest the company has received from state oil and gas company Saudi Aramco.

Siemens is building a plant in Damman, where six of the combustion engines for the power station will be manufactured based on a model that can operate for nine million hours. A goal of the undertaking is to meet power demand in Saudi Arabia that increases annually at an estimated rate of six percent, according to the company. The Jazan power station is expected to become the largest gasification-based plant with a 4,000-MW capacity.